L&K Engineering Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC322699 (Scotland)

Financial Statements for the Year Ended 31 March 2018

for

L&K Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S A Gerrard

REGISTERED OFFICE:

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

REGISTERED NUMBER:

SC322699 (Scotland)

ACCOUNTANTS:

J M Taylor

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

CURRENT ASSETS

Debtors

4

6,881

509

Cash at bank

4,568

416

11,449

925

CREDITORS

Amounts falling due within one year

5

11,394

530

NET CURRENT ASSETS

55

395

TOTAL ASSETS LESS CURRENT LIABILITIES

55

395

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

45

385

SHAREHOLDERS' FUNDS

55

395

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 14 November 2018 and were signed by:

S A Gerrard - Director

1.	STATUTORY INFORMATION

L&K Engineering Limited is a private company, limited by shares , registered in Scotland. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

5,309

509

Other debtors

1,572

-

6,881

509

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Bank loans and overdrafts

784

482

Taxation and social security

10,610

(1,151

)

Other creditors

-

1,199

11,394

530

6.	ULTIMATE CONTROLLING PARTY

During the year the company was controlled by the director Mr Steven Gerrard by virtue of his majority 100%

holding in the ordinary share capital of the company.